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Books, Records, and Contracts; Examination; Audit - Mich. Comp. Laws Section 559.157

Legal Research Home > Michigan Laws > Condominiums > Books, Records, and Contracts; Examination; Audit - Mich. Comp. Laws Section 559.157

559.157 Books, records, and contracts; examination; audit.

Sec. 57.

The books, records, and contracts concerning the administration and operation of the condominium project shall be available for examination by any of the co-owners and their mortgagees at convenient times and all books and records shall be audited or reviewed by independent accountants annually. Such audits need not be certified.

History: 1978, Act 59, Eff. July 1, 1978

Section: Previous 559.151 559.152 559.153 559.154 559.155 559.156 559.156a 559.157 559.158 559.159 559.160 559.161 559.162 559.163 559.164 Next

Last modified: March 17, 2013